Well Wave: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Well Wave
Largest movements
- Cash +€15,408
up €15,408 (+729.5%), from €2,112 to €17,520
mainly Other debts (+€8,426) and Net result for the year (+€7,656)
- Other debts +€8,426
up €8,426 (+95.1%), from €8,859 to €17,285
- Profit (loss) carried forward +€7,656
up €7,656 (+66.3%), from -€11,553 to -€3,897
- Tax, wage and social debts -€674
down €674 (-83.6%), from €806 to €132
- Gross operating margin +€21,523
up €21,523, from -€11,995 to €9,528
- Financial charges +€1,511
up €1,511 (+659.1%), from €229 to €1,740
- Other operating charges -€176
no longer reported in 2025 (was €176)
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,112 | €17,520 | +€15,408 | +729.5% |
| Current assets | 29/58 | €2,112 | €17,520 | +€15,408 | +729.5% |
| Cash at bank and in hand | 54/58 | €2,112 | €17,520 | +€15,408 | +729.5% |
| Total equity and liabilities | 10/49 | €2,112 | €17,520 | +€15,408 | +729.5% |
| Equity | 10/15 | -€7,553 | €103 | +€7,656 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,553 | -€3,897 | +€7,656 | +66.3% |
| Amounts payable | 17/49 | €9,665 | €17,417 | +€7,752 | +80.2% |
| Amounts payable within one year | 42/48 | €9,665 | €17,417 | +€7,752 | +80.2% |
| Taxes, remuneration and social security | 45 | €806 | €132 | -€674 | -83.6% |
| Taxes | 450/3 | €806 | €132 | -€674 | -83.6% |
| Other amounts payable | 47/48 | €8,859 | €17,285 | +€8,426 | +95.1% |
| Other operating charges | 640/8 | €176 | - | -€176 | |
| Gross operating margin | 9900 | -€11,995 | €9,528 | +€21,523 | |
| Operating profit (loss) | 9901 | -€12,171 | €9,528 | +€21,699 | |
| Financial charges | 65/66B | €229 | €1,740 | +€1,511 | +659.1% |
| Recurring financial charges | 65 | €229 | €1,740 | +€1,511 | +659.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,400 | €7,788 | +€20,188 | |
| Income taxes | 67/77 | €106 | €132 | +€26 | +24.2% |
| Profit (loss) for the period | 9904 | -€12,506 | €7,656 | +€20,162 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,506 | €7,656 | +€20,162 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.